Dorinda Cox (WA, Australian Greens) Share this | Hansard source

The Greens are proposing a second reading amendment, which has been circulated. I move:

At the end of the motion, add ", but the Senate:

(a) is of the opinion that:

(i) Australia's offshore oil and gas industry is a large contributor to climate change, and

(ii) it is to the benefit of the Australian community that no new fossil fuel projects are opened; and

(b) calls on the Government to:

(i) introduce a 10% Commonwealth royalty for gas extraction, creditable against the petroleum resource rent tax, and

(ii) end all public subsidies of coal, oil and gas, and

(iii) implement a long-term solution to ensure industry covers the full cost of offshore decommissioning, informed by overseas models that are underpinned by transparency and accountability".

Thank you.